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T2 1 bedroom house on the ground floor, with terrace and land located on EM526, close to the Albufei
Albufeira, Faro, Portugal
REF: 842017
€525,000
Description
T2 1 bedroom house on the ground floor, with terrace and land located on EM526 in Cerro D Aguia, close to the Albufeira Marina. Possibility of building another floor, with 3 fractions. House consisting of two bedrooms, two living rooms, a kitchen, bathroom and patio, also has a terrace over the covered garage, from where you can see the Albufeira marina. The house has a small patio at the back of the building and a staircase that gives access to the terrace. This shows some signs of use and requires some restoration work. It has excellent accessibility, as it is located on the side of the road. The property consists of a plot of 677m2, sloping and facing south and is at the back of the house. It has an excellent view and is made up of native vegetation and natural stones, very pleasant to enjoy.
T2 1 bedroom house on the ground floor, with terrace and land located on EM526 in Cerro D Aguia, close to the Albufeira Marina. Possibility of building another floor, with 3 fractions. House consisting of two bedrooms, two living rooms, a kitchen, bathroom and patio, also has a terrace over the covered garage, from where you can see the Albufeira marina. The house has a small patio at the back of the building and a staircase that gives access to the terrace. This shows some signs of use and requires some restoration work. It has excellent accessibility, as it is located on the side of the road. The property consists of a plot of 677m2, sloping and facing south and is at the back of the house. It has an excellent view and is made up of native vegetation and natural stones, very pleasant to enjoy.
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Currency Exchange
Albufeira, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €525,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €525,000 | £432,548 | £445,253 | £12,705 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £432,548 |
| Maximum cost in the last six months | £445,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,705 |
Albufeira, Faro, Portugal
Interested in this property? Don't lose out to currency fluctuations changing the price you pay...
Many overseas buyers in Portugal do not realise they can lose thousands of pounds through adverse currency exchange rate movements.
The property buying process in Portugal takes time; it could be up to six months between seeing the property of your dreams and actually taking ownership. So how much would this €525,000 property cost you?
| Property Price € | Minimum cost in the last six months | Maximum cost in the last six months | Fluctuating exchange rates over the last six months could have increased the cost of this property by |
|---|---|---|---|
| €525,000 | £432,548 | £445,253 | £12,705 |
| Property Price € | €525,000 |
| Minimum cost in the last six months | £432,548 |
| Maximum cost in the last six months | £445,253 |
| Fluctuating exchange rates over the last six months could have increased the cost of this property by | £12,705 |
The exchange rate on the day you make an offer on your property in Portugal will not be the same as the rate you pay when you complete on your purchase, as currency markets move constantly. Any large rate movements may take it beyond your price range as the chart above illustrates the fluctuation and how much extra your property could have cost you.
The best way to avoid this significant risk is to plan your budget and currency strategy with an experienced currency specialist. They have been known to save you up to 4% compared to many high street banks, £4,000 for every £100,000, which soon adds up. They will also keep you up to date on market movements, help you set a rate in advance with a product called a Forward Contract - so you know exactly what you will pay for your property in sterling.
This is why we recommend Smart Currency Exchange Ltd. If exchange rate movements continue to be as unpredictable and as significant as they have been in the past then by not using Smart Currency Exchange Ltd your property could cost you £12,705 more.
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